Russia on rebound

As Russian pulp and paper markets make an impressive comeback from the global recession, newfound emphasis is placed on project execution. Detailed planning in the early stages of investments can pave the way to getting projects up and running on-time and within budget.

To understand Russia, in-depth knowledge is needed of recent demand trends broken down by the major paper-grade sectors. Statistics compiled by Pöyry experts from its market data banks shows that paper and paperboard demand in Russia grew on average 8.4%/a in 2000-2008.

Increased capacity is needed

The upbeat market environment underscores the demand for investments that increase current capacity levels. Some rebuild and modernization projects in pulp and paper have advanced even during the recession. Construction of new sawmills, particularly those focusing on the Chinese market, are also in the
works. While not many greenfield project have come on-line since the 1980s, it is only a matter of time before new investments are activated.Read the whole "Russia on a rebound" article.